User Sub Gold

Mar 10, 2015 12:30 AM

wam3483

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17627

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681

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The US guards a lot of gold, but owns very little

The Federal Reserve Bank of New York has the world’s largest stockpile of gold. There's 550,000 bars buried under Manhattan. That’s $203.3 billion worth of gold! Just 2-5% of it is owned by the U.S. though. Than means the U.S. is trusted to gaurd more gold than it owns. Huh.

Let's coat planets in gold!

If you had all the gold ever mined, you could coat the Earth in 1.7 picometers. That's really thin. Its actually thinner than a single gold atom. So we haven't mined enough to plate the earth in gold. (special thanks to strudelman and NSFWinators on this fact.)

Shoveling driveways could be a lucrative business opportunity if the earth was coated in gold though. You could save up and get that pool table you've always wanted! Have your friends over and play some pool. Except for Gary. Gary is a jerk.

I'd kill for a gold pool ball. Just sayin'.

Gold is more dense than lead! If you had a pool ball made of solid gold, it would weigh 16 ounces (1 pound.) That's 3 times as much as a normal pool ball. A solid gold pool ball would be worth $18,500 today (March 2015.) You couldn't play pool with it though because.......

....gold is very soft! You can mold it with your bare hands. A gold pool ball would be dented on the first break. Jewelry makers create pieces from gold alloys instead. (An alloy is just one metal made from a mix of different metals.)

1 karat of gold means that 1/24th of the item is made of gold, so 24 karat gold is 100% pure gold. This is why you don't see 24 karat jewlery; you could crush it in your hand. You'd be better off with a low karat pool ball.

Please don't buy this.

Mankind has decided gold is valuable because it is rare, and is pretty chemically inert. This means it won't quickly errode or rust away like other materials. One ounce of gold is worth around $1,100 right now (though that changes all the time.)

It would cost around $700 (.6 ounces of gold) to ship 100 pounds of gold via Fed-Ex overnight. You could afford it though, 100 pounds of gold is worth $1.8 million. You could use that 100 pounds to buy a famous painting titled Voice of Fire. What a steal right!?

Since the planet isn't coated in gold, you can't shovel driveways for it. Hmm... maybe you could get that 100 pounds of gold by harvesting junk electronics?

You have heard gold is used in eletronics right? No? Ok. Well it is. This is for... reasons.

Gold is the 4th best conductor of electricity. Gold disperses heat well. Gold can be made much thinner than copper. Gold is easier to recycle than other materials and is less harmful on the environment. Gold is quite chemically inert, and won't react with other materials in a computer.

So your computer is basically a gold mine! Just kidding. There's around $9 of gold in most PC's.

Gold is also used in medicine. Historically it was used to treat nervous system problems, impotence, and alchoholism. Impotence and alchoholism, seriously. Goldschläger is such an ironic liquor. Gold has modern day benefits used for anti-inflamatory purposes such as arthritits.

Cat Tax!!!

Iridium: http://imgur.com/gallery/O95Wp
Platinum: http://imgur.com/a/IMt7Z
Silver: http://imgur.com/gallery/Efm0T
Copper: http://imgur.com/gallery/YG1NY

this post is golden

11 years ago | Likes 7 Dislikes 0

In the affluent areas of India, night soil men often pan for gold in the sewage pipes.

11 years ago | Likes 1 Dislikes 0

WHEN EVERYTHING, EVERYTHING, EVERYTHING YOU TOUCH TURNS TO GOLD GOLD GOLD!!!!

11 years ago | Likes 2 Dislikes 0

Fun fact, silver is actually globally rarer (and just as easy to mine) but less valuable for purely historical and aesthetic reasons

11 years ago | Likes 3 Dislikes 1

When I looked it articles online say silver is 5 to 10 times as common as gold.

11 years ago | Likes 5 Dislikes 1

Nice info. But as a Gary, fuck your face.

11 years ago | Likes 1 Dislikes 0

Anyome else hearing that song from Pocahontas in their head? You know the one.

11 years ago | Likes 3 Dislikes 0

hahaa yeahhhhh... https://www.youtube.com/watch?v=gFHym_W6vkE

11 years ago | Likes 3 Dislikes 1

Dig and dig and dig and diggery hinananane

11 years ago | Likes 1 Dislikes 0

Hmmmm, I think your pool ball calculation is way off. A pool ball is 61.5 mm in diameter, so 115.95 cm^3. At gold's density of (1/2)

11 years ago | Likes 1 Dislikes 0

19.3 g/cm^3, that's 2237.835 grams, or 78.9 oz, 4.93 pounds. 78.9 oz = 71.9 Troy oz, so the value is about $85,671.

11 years ago | Likes 1 Dislikes 0

A 1-pound ball of gold would have a diameter of about 1.4 inches.

11 years ago | Likes 1 Dislikes 0

Gold digging to get to the front page! +1 you clever Fuck!

11 years ago | Likes 10 Dislikes 0

user sub gold stays buried. Keep it secrete, keep it safe haha

11 years ago | Likes 3 Dislikes 1

I love gooooooooooold

11 years ago | Likes 1 Dislikes 0

I like you because we have the same humor. And I like gold. I bought gold. I love gold. And your mom.

11 years ago | Likes 1 Dislikes 0

*athri-tits

11 years ago | Likes 2 Dislikes 1

Did you just correct OP for spelling arthritis correctly?

11 years ago | Likes 2 Dislikes 0

lol thanks, I'm not even gonna fix it ;-)

11 years ago | Likes 1 Dislikes 0

Also guard.

11 years ago | Likes 2 Dislikes 0

I'm coming to realize you really don't like someone (or people) named Gary

11 years ago | Likes 1 Dislikes 0

;-) maybeeeee.

11 years ago | Likes 1 Dislikes 0

Au yeah!

11 years ago | Likes 3 Dislikes 0

Dang, that's gold!

11 years ago | Likes 2 Dislikes 1

Talk about user-sub gold

11 years ago | Likes 1 Dislikes 0

Th... Tha... that's the title lol.

11 years ago | Likes 1 Dislikes 0

I tried mining for gold once, but it didn't pan out.

11 years ago | Likes 107 Dislikes 0

11 years ago | Likes 1 Dislikes 0

Ahhhh ore rly?

11 years ago | Likes 2 Dislikes 0

Eyyyyyoooooooo

11 years ago | Likes 1 Dislikes 0

Is this just sluice talk, ore was it really in the vein of actual mining?

11 years ago | Likes 8 Dislikes 1

Actually, FED probably holds very little gold. Last time it was audited in 2012 they checked and found only 416 tons of gold 1/2

11 years ago | Likes 1 Dislikes 0

And for example Germany alone has stored 1500 tons of gold in FED. Where's the gold? 2/2

11 years ago | Likes 1 Dislikes 0

11 years ago | Likes 1 Dislikes 0

DIdnt I also learn in Cosmos that Gold is limited because it is created using nuclear fission in stars? Seems that would be important here

11 years ago | Likes 1 Dislikes 0

User Sub Gold right here

11 years ago | Likes 1 Dislikes 0

I work at gold mines. I just pick it up off the ground.

11 years ago | Likes 2 Dislikes 0

Really? You should do a post about it!

11 years ago | Likes 2 Dislikes 1

Nah, it's not that interesting.

11 years ago | Likes 1 Dislikes 0

What a gold mine...

11 years ago | Likes 1 Dislikes 0

i'd imagine we charge a premium on the rest of the gold that we protect but don't own

11 years ago | Likes 1 Dislikes 0

you should do copper next

11 years ago | Likes 16 Dislikes 0

Hmmm... I think I will. Good idea!

11 years ago | Likes 10 Dislikes 1

Also platinum, if possible! Thank you, strange internet metal man!

11 years ago | Likes 3 Dislikes 0

Another guy asked for palladium. Platinum might be more interesting. I'll do them both though.

11 years ago | Likes 4 Dislikes 0

You. You must be one of them there guys that the kids these days keep a-callin' real Emm-Vee-Pees. Or somethin' like that.

11 years ago | Likes 2 Dislikes 0

A metric tonne of municipal sewage in America contains, on average, a third of a gram of gold, making it equivalent to a low grade gold ore.

11 years ago | Likes 1 Dislikes 0

Holy shit haha, mind if I add this to the post?

11 years ago | Likes 2 Dislikes 0

Absolutely not, that's why I posted it. : )

11 years ago | Likes 2 Dislikes 0

There is so much bs in this post, it should be brown, not gold.

11 years ago | Likes 1 Dislikes 1

Dunno about BS, but municipal sewage contains some gold. http://www.reuters.com/article/2009/01/30/us-gold-sewage-odd-idUSTRE50T56120090130

11 years ago | Likes 1 Dislikes 0

What specifically is bs?

11 years ago | Likes 2 Dislikes 0

To start Gold is the #4 best electric conductor. Carbon#1, Silver#2, Copper#3

11 years ago | Likes 4 Dislikes 0

Good catch, good catch. I would say that's more a mistake than me bullshitting people. Can you find another?

11 years ago | Likes 3 Dislikes 0

I was just assisting the original poster who was calling BS. I just have a hard-on for silver and get all defensive about it.

11 years ago | Likes 1 Dislikes 0

i nice collection of factoids with some barely mildly interesting non-revelations eg "U.S. is trusted to guard more gold than it owns. Huh"

11 years ago | Likes 1 Dislikes 1

I didn't know the US guarded more gold than it owned. Assumed the majority was in swiss banks.

11 years ago | Likes 2 Dislikes 1

you allude to it, but gold's malleability is unsurpassed. eg gold leaf on books and furnishings n massachusetts state house

11 years ago | Likes 1 Dislikes 0

you never even saw die hard 3? we are bank to the world. the un' sits here. world banks. nyse.

11 years ago | Likes 2 Dislikes 0

haha, no never watched die hard 3.

11 years ago | Likes 2 Dislikes 1

jeremy irons robs the gold depository under nyc

11 years ago | Likes 2 Dislikes 0

Really? That actually sounds kinda cool. I only watched the first Die Hard. I'm not big on action movies.

11 years ago | Likes 2 Dislikes 1

The gold-plating one seems really far off. I get a depth of 1.74e-11 meters, which is only .00000000174 centimeters, 1.74 picometers.

11 years ago | Likes 2 Dislikes 0

HOLD IT! A picometer is 1.74e-12 meters. Which would be .0000000000174 centimeters.

11 years ago | Likes 2 Dislikes 0

You're right, I misplaced a power of ten myself. In the picometer measure - it'd really be 17.4, not 1.74. The centimeter one is right.

11 years ago | Likes 1 Dislikes 0

What formula did you use?

11 years ago | Likes 2 Dislikes 1

Earth is big - 2 centimeters across its entire surface would be a huge amount of anything, really.

11 years ago | Likes 1 Dislikes 0

8870 m^3 of gold spread over earth's surface area, 510.1 trillion m²

11 years ago | Likes 1 Dislikes 0

My equation was 4*PI*r^3 - EARTH_VOLUME = volume of gold mined. Solve for r. Subtract earth radius from r. What was your equation?

11 years ago | Likes 2 Dislikes 1

The volume divided by the area indicated. At the depths we're talking about, the difference will be insignificant.

11 years ago | Likes 1 Dislikes 0

Radius of Earth = 6371.0km. Surface area = 510064471km^2. All gold mined =8661km^3. AllGoldMined/SurfaceArea = 0.000016980240571493512km

11 years ago | Likes 2 Dislikes 1

Also, the volume of a sphere is 4/3 pi r^3. 4 pi r^2 is the surface area.

11 years ago | Likes 1 Dislikes 0

Right, right. I mistyped.

11 years ago | Likes 2 Dislikes 1

Covering the earth in a picometer of gold would be weird, I think gold atoms have around 150 picometers radius :D

11 years ago | Likes 1 Dislikes 0

Didn't realize that. Pretty interesting, would you mind if I use this fact in the post?

11 years ago | Likes 1 Dislikes 0

Knock yourself out. I feel important now ^_^

11 years ago | Likes 2 Dislikes 0

Updated post. Credited you too. Thanks!

11 years ago | Likes 1 Dislikes 0

Actually I just did some math and I used just your 550000 bars, assuming that 1 bar = 1 kilo, I get 1e-7 grams of gold per m².

11 years ago | Likes 1 Dislikes 0

I used a volume of gold value of 8661 km². What volume did you get?

11 years ago | Likes 1 Dislikes 0

earths surface area is 5*10^11m, gold density 19000kg/m³, so (550000/19000) / (5*10^11) gives you 5.8e-11 m thickness. God damnit.

11 years ago | Likes 1 Dislikes 0

I used 550000kg. The number you used.

11 years ago | Likes 1 Dislikes 0

5.8e-11 is 50 picometers. So it's still less than the atomic radius. We're fine. :P

11 years ago | Likes 1 Dislikes 0